DEGEN/EUR - Degen/Euro

About Degen

DEGEN (DEGEN) is the native token of Degen Chain, a Layer 3 (L3) blockchain specifically designed for the 'degen' community within the crypto ecosystem. As an L3, Degen Chain is built on top of lower-layer blockchain infrastructure, enabling it to offer greater flexibility and optimization for high-volatility applications, such as blockchain gaming, NFTs, and DeFi products. Its design provides a fast and smooth experience for users looking to maximize opportunities in the crypto environment. The DEGEN token has several utilities within Degen Chain and on Farcaster, a decentralized social network. In Degen Chain, DEGEN is used for transactions, fee payments, and governance, allowing holders to participate in key decisions. On Farcaster, DEGEN is used as a tipping mechanism between users, thus helping the social network grow.